RE: Update18 May 2018 09:33
mole
from the September rns waxing lyrical on all things UD2 to the April rns confirming a - request for arbitration from the saog- we had a clamp down on UD2 news.
Now it may be wishful thinking - but my thinking is there was huge interest in UD2 due to what was reported in September. The clamp down between September and April being instigated by an entity- whetheer thats an Exxon or simply the GOGC SAOG - im pretty sure the request for arbitration discussion is a result of what ever happened pre April and post September. As Pyro would say - you dont request a discussion on an empty box.
Either way - Taribani drill campaign in its self is a company changer. One well delivering almost 300bopd from only two contact zones makes us cash flow neutral at worst. 3 wells delivering only 300 barrels of oil per day makes us a succesfull oil production cash generative company.
as Flo rida sings- let the good times roll.
All my opinion - based on hard facts from rns and educated guesses. Not intended as investment advice. The value of your investment may increase, decrease or be wiped out entirely.
Now this will come as a huge surprise- its sunny and almost 20 degrees in sunny middle Scotland for the 7 consecutive day- if thats not a sign........
Have a great Friday and weekend everyone. Let it flow, let it flow........